A local radio host at KCTR in Montana, Paul Mushaben, was taken out by the politically correct culture that’s overwhelming the politics of today! He has been indefinably suspended for pointing out the property destruction that has taken place when Native American basketball teams have played other schools in Montana. To boil this all down, what is it that has led to this sort bad reputation from these teams? Race has nothing to do with it!  It’s a lack of capitalism on Indian reservations. When socialism and government dominate society it literally destroys people! When the economic collapse in the United States comes this way, the people who have been sucking off the government teat for years will be in big trouble because they’re not capable of providing for themselves. And how will they react to this? Unfortunately, with violence.    

The stock market continues to hit record highs and the Dow is nearing in on its next target, a 21,000 point DOW. How much more will the markets go up before the big crash? That’s something hard to predict but gold and silver have also been on the rise. Gold is up nearly 8% in 2017 and silver is up 13%. Gold and silver are still not anywhere close to their record highs from 2011. With I high risk stock market, gold and silver at this point, is incredibly cheap insurance! Also, unpiloted flying drone taxis are coming to Dubai this July! This technology is amazing and shows the private sector at work making life better for everyone. Here’s a link to the drone video mentioned on the show. http://www.wsj.com/video/flying-drone-taxis-could-take-off-in-dubai/F329FEAC-2366-4796-9205-72C0344F17D0.html and here’s the article: http://www.economist.com/blogs/gulliver/2017/02/taxi-take-0

The super bowl this year turned out to be an incredible game with the comeback win by the patriots. Tom Brady, who is arguably the best quarterback of all time, was a 6th round draft pick!  When each NFL team has a salary cap of $155 million a lot of strategy and opportunity cost comes into when putting together a “winning” team. Then we move over to Venezuela and those people are going through a lot and have been for some time now as they are going through an economic collapse. The people of Venezuela are starving to death and are now eating pink flamingos, ant eaters, dogs and cats just to survive!  This is what central planning looks like in all its glory!

The 2,300 page Dodd-Frank bill that was passed into law back in 2010, is seen as a way to prevent another 2008 like event. This line of thinking is totally out of wack with reality and another financial crisis is coming!  Politicians always think if we just add another regulation that will protect us but unintended consequences come with these new regulations and Dodd-Frank is full of them!  The partial repeal of Glass-Steagall is seen as the deregulation that led to the financial crisis in 2008, this is not the case at all!  Even if there never was a repeal of Glass-Steagall at all we still would’ve had the financial crisis in 2008!

The GDP growth numbers for 2016 were recently released and it was below expert expectations. GDP growth for 2016 was only 1.6%! The average GDP growth for the last 7 ½ years was only 2.1%! Those are some really lousy numbers! The question is, why has our economy grown so slowly these last 7 ½ years? It’s mainly because government spending is crowding out private sector investment! We need to shrink the size of government! That is how we make America Great Again!

Who do you think is the biggest political loser in 2016?  I would argue the biggest, political loser in modern American history is Hillary Clinton!  Hillary Clinton has always been seen as the inevitable first woman president but that no longer seems probable at all!  Also, a woman in France is literally engaged to a Robot and she plans on marrying this thing when it’s legalized!  This world is literally insane and I think things will only get more insane in 2017!

No one was shocked by the FEDs recent decision to raise interest rates to .5-.75%. The FED has raised interest rates a total sum of .5% in 10 years!  That’s not much of a move but the markets think the FED is being very hawkish right now with the dollar hitting a 14 year high!  During the campaign, Trump stressed to people how he will make America great again but really it’s an impossibility. The only way for things to turn around is if the government shrinks and the free market is allowed to prevail!  Trumps natural instincts is to fix things with government. The markets wishful thinking in regards to a Trump presidency are vastly overblown and will crash back to reality rather soon.

Donald Trump agreeing to a deal with Carrier to keep jobs in the U.S. is the crony capitalist system we have today. This is how business in America is done today and why we are very far away from any kind of free market system! Granting special deals and privilege to government favored businesses is the government picking winners and losers! The government protecting businesses from competition makes them actually less competitive and less responsible to the consumer. So we, as taxpayers, are soaked in more than one way!  Many people out there are optimistic of a Trump Presidency but this Carrier deal shows it’s more of the same.

Just after Thanksgiving, Fidel Castro died at 90 years old. Fidel first came to power in Cuba in 1959 and ruled there for over 50 years! People on the left love to praise Cuba and they loved the heck out of Fidel! But what is really the truth? Did Fidel really improve the lives of the Cuban people or did he make life much worse? What is life like today for the Cuban people? Cuba really is a good example that communism doesn’t work and socialism/communism is anything but compassionate! Capitalism and the Free Market are the best ways to help the poor and with examples like Cuba, Venezuela and North Korea, it’s amazing people like Bernie Sanders still get the support they do get.

Many people are fearing deflation but is this really something to be feared?  Not at all!  If we had an unhampered, free market deflation would naturally occur in the economy!  We would have slowly falling prices because we are more productive and at the same time, real wages are rising!  Today, real wages are falling and the Federal Reserve is slowly eating away our purchasing power via inflation! The deflationary death spiral is a myth and can never happen. Only when government gets involved can a great depression like scenario occur.